Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Benares Hotels
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 28 | 25 | 26 | 34 | 36 | 23 | 24 | 39 | 49 | 25 | 24 | 42 | 49 |
| Expenses + | 16 | 16 | 16 | 18 | 20 | 14 | 14 | 20 | 27 | 15 | 16 | 22 | 27 |
| Operating Profit | 11 | 9 | 10 | 16 | 16 | 9 | 10 | 19 | 22 | 10 | 8 | 20 | 22 |
| OPM % | 41% | 37% | 39% | 47% | 45% | 38% | 41% | 48% | 44% | 40% | 34% | 47% | 45% |
| Other Income + | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 2 | 2 | 2 | 1 | 2 |
| Profit before tax | 10 | 8 | 9 | 15 | 15 | 9 | 10 | 18 | 21 | 10 | 8 | 19 | 21 |
| Tax % | 25% | 26% | 25% | 25% | 25% | 25% | 26% | 26% | 25% | 26% | 26% | 25% | 26% |
| Net Profit + | 8 | 6 | 7 | 11 | 12 | 6 | 7 | 14 | 16 | 8 | 6 | 14 | 15 |
| EPS in Rs | 58.38 | 48.46 | 52.62 | 86.92 | 89.15 | 49.46 | 55.38 | 104.31 | 123.46 | 58.31 | 46.77 | 109.46 | 118.08 |
Financials of Benares Hotels
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 47 | 50 | 50 | 47 | 60 | 64 | 24 | 50 | 93 | 121 | 135 | 139 |
| Expenses + | 31 | 35 | 36 | 36 | 42 | 43 | 24 | 35 | 57 | 69 | 76 | 80 |
| Operating Profit | 16 | 15 | 14 | 11 | 17 | 21 | 0 | 15 | 36 | 51 | 59 | 60 |
| OPM % | 34% | 30% | 28% | 24% | 29% | 33% | 2% | 29% | 39% | 43% | 44% | 43% |
| Other Income + | 1 | 1 | 2 | 1 | 1 | -0 | 1 | 0 | 1 | 3 | 5 | 6 |
| Interest | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 |
| Depreciation | 3 | 3 | 5 | 4 | 5 | 6 | 7 | 6 | 6 | 6 | 6 | 7 |
| Profit before tax | 14 | 13 | 11 | 8 | 12 | 14 | -7 | 8 | 31 | 48 | 58 | 58 |
| Tax % | 35% | 36% | 37% | 17% | 28% | 21% | -25% | 27% | 25% | 25% | 26% | 26% |
| Net Profit + | 9 | 8 | 7 | 6 | 9 | 11 | -5 | 6 | 23 | 36 | 43 | 43 |
| EPS in Rs | 71.00 | 65.23 | 52.46 | 49.85 | 67.08 | 81.62 | -40.23 | 43.46 | 179.85 | 277.23 | 332.69 | 332.62 |
| Dividend Payout % | 28% | 31% | 29% | 30% | 22% | 9% | 0% | 23% | 11% | 9% | 8% | 8% |
Financials of Benares Hotels
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Reserves | 48 | 56 | 60 | 64 | 70 | 77 | 71 | 77 | 98 | 132 | 171 | 211 |
| Borrowings + | 0 | 0 | 0 | 5 | 5 | 9 | 9 | 4 | 4 | 4 | 4 | 4 |
| Other Liabilities + | 14 | 14 | 18 | 19 | 20 | 18 | 10 | 14 | 17 | 19 | 19 | 40 |
| Total Liabilities | 63 | 71 | 79 | 89 | 97 | 105 | 91 | 95 | 120 | 156 | 195 | 257 |
| Fixed Assets + | 44 | 43 | 41 | 54 | 81 | 91 | 84 | 78 | 73 | 71 | 70 | 157 |
| CWIP | 1 | 3 | 4 | 15 | 1 | 0 | 0 | 0 | 1 | 5 | 19 | 1 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets + | 19 | 25 | 34 | 20 | 14 | 14 | 7 | 17 | 47 | 79 | 106 | 99 |
| Total Assets | 63 | 71 | 79 | 89 | 97 | 105 | 91 | 95 | 120 | 156 | 195 | 257 |
Financials of Benares Hotels
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 13 | 10 | 11 | 9 | 16 | 17 | 2 | 16 | 28 | 41 | 42 | 49 |
| Cash from Investing Activity + | -7 | -6 | -12 | -8 | -16 | -13 | -1 | -11 | -17 | -25 | -43 | -59 |
| Cash from Financing Activity + | -3 | -3 | -3 | 3 | -3 | -3 | -2 | -6 | -2 | -3 | -4 | -4 |
| Net Cash Flow | 4 | 0 | -4 | 3 | -4 | 1 | -1 | -0 | 9 | 12 | -5 | -14 |
| Free Cash Flow | 2 | 6 | 8 | -19 | -1 | 2 | 1 | 16 | 26 | 29 | 24 | -11 |
| CFO/OP | 112% | 84% | 97% | 101% | 105% | 93% | 198% | 115% | 98% | 103% | 96% | 103% |
Financials of Benares Hotels
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 19 | 27 | 31 | 31 | 27 | 25 | 12 | 10 | 17 | 15 | 11 | 15 |
| Inventory Days | 85 | 85 | 85 | 92 | 79 | 62 | 109 | 68 | ||||
| Days Payable | 299 | 285 | 367 | 446 | 429 | 333 | 235 | 298 | ||||
| Cash Conversion Cycle | -195 | -173 | -251 | -323 | -323 | -246 | -114 | 10 | 17 | 15 | 11 | -215 |
| Working Capital Days | 9 | 29 | 55 | -76 | -65 | -48 | -112 | -28 | -9 | -8 | -0 | -47 |
| ROCE % | 31% | 25% | 18% | 12% | 17% | 18% | -7% | 10% | 34% | 41% | 37% | 30% |
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